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20130101
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the actions of the federal reserve. the fed has been printing money right and left and hoping that somehow it is going to turn the economy around. obama promised that if we follow these policies, everything ought to be improving. >> hunky dory. i am not seeing it. looking uhed -- looking ahead to the new year, all of the printing of money, is that change ?g. >> printing of money did help. it did inflate the economy. the problem is that you had fiscal policy which is what the white house could control. it didn't really work. it worked horribly. we know that unemployment is going down because the labor force is shrinking. that's why it is going down. it is an unprecedented thing. the only thing left to do is monetary policy. you try to pump up the economy by printing more money. a lot of people criticize ben bernanke for that. it could sew the seeds of inflation where down the road the stuff will be way too expensive. it was the only game in town. if you believe bernanke, if he didn't do that, we may have gone into a double dip recession or something worse. >> let's talk about the fact that
Search Results 0 to 3 of about 4 (some duplicates have been removed)